AngryBoris

AngryBoris

BTCUSDT is forming another bearish divergence with price/RSI as it approaches 7k. Historically, these divergences have led to corrections; if this divergence completely forms, it could start another one here. If it drops before 7k and breaks below this wave's uptrend, I'm thinking it will most likely form another Elliott 3-3-5 flat with extended wave C as it's...

AngryBoris

STRATBTC drew a pretty nice first Elliott wave earlier this year. It topped way into the overbought region and corrected down sharply; however, it's correction didn't violate wave II rules. In fact, this is almost exactly what you would expect since wave II is typically categorized as a "vicious sell-off". I'll admit, this is a very hopeful idea that is sparked...

AngryBoris Updated 

CVCBTC seems to have found a bottom and has been consolidating for a possible move out of down trend. 4HR RSI shows pretty strong divergence from price leaning toward bullish signals. I think it will drop down to or near lowest support one more time before going up to test downtrend upper limit. If it breaks downtrend, I think it will start heading into a new...

AngryBoris Updated 

BLKBTC looks like its possibly found a bottom and is trying to break its downtrend. Bullish divergence with RSI/price could be a supporting signal of upward move. It is also breaking up out of a triangle on the daily. I drew what I perceive as a few downtrends it needs to break. I won't consider a buy until it breaks the first one right around the green line. I...

AngryBoris Updated 

To me, RSI and price are making a pretty impressive bull divergence. Trend has curved upward significantly in the past three weeks. Price is coming to another consolidation end point relatively soon. This is getting pretty exciting and I can't wait for the pop to happen. I do not have a price estimation at this point. Need to wait for some data to build...

AngryBoris Updated 

LTCUSDT has seen a very healthy correction thus far (along with all other top crypto). Lets see if this is the bottom or not. I've since changed my position from a 5-3-5 zig zag correction to a 3-3-5 regular flat. A few weeks ago I missed the top estimate, but nailed the severity of the correction (I think). This seems to confirm to me that LTCUSDT and LTCUSD has...

AngryBoris Updated 

This morning BTCUSDT entered my projected buy zone. If I counted right, BTCUSDT just completed an Elliott ABC 5-3-5 Zig-Zag style correction. I feel like It's pretty close to being done as it appears to have finished directly on the overall uptrend line. This point also terminates wave ((C)) directly in the middle of FIB 0.618 and 1.0 of wave ((A)) which are two...

AngryBoris

I've called BCHUSD at bottom three times now and have been wrong all three. Lets see if this is the bottom... If it bounces off top of down trend channel, I expect more drop. If it breaks through, I see a possible lifetime cycle wave 3 impulse starting. I have buy stop set at 620 for breakout up just in case. I'm not holding my breath on this coin, its been weak...

AngryBoris Updated 

Its been a great past few weeks for LTCUSD. It's time to correct down and attract new buyers. This is a healthy market move and I'm still very much long in LTCUSD. LTCUSD still has the healthiest uptrend in the crypto market as far as I'm concerned. We may see one more bull run after this consolidating triangle, but I'm not banking on it. To be safe, I've set a...

AngryBoris Updated 

I see three possible scenarios in the near future. Stop set at 275 to cover all 3 possibilities. Longs will win in every case. 1) If it recovers from the bounce at 340 resistance and is able to break through, we can expect a top of highest degree wave 3 around 760 (calculated 2.618 FIB of wave 1-2). 2) I feel like ETH might form an ascending Bull wedge here if...

AngryBoris Updated 

BCHUSD is currently consolidating on the 600 resistance line where it is coming to the end of a large bullish descending triangle. BCHUSD is creeping ever closer to the divergence of this triangle and I expect break out any day now. If break out is up hopefully this finishes off wave 2 correction and starts wave 3 for some gains. If this does begin the next...

AngryBoris Updated 

I feel like BCHUSD just had a triple 3 (WXYXZ) correction for a 50.0% retrace of highest degree wave 1. If this is the case, highest degree wave 2 should be ending at around 630-640 and start start upswing back to 705 resistance. If it breaks 705, I expect highest degree wave 3 to begin. Next major resistance at 750. I calculated wave 3 possible top at 1190 using...